Posted 4/10/2024, 12:14:39 PM
Morgan Stanley Bullish on Nvidia's Growth Outlook While Jefferies Sees Challenges Ahead for Tesla
- Morgan Stanley raises Nvidia's price target to $1,000 based on strong demand and pricing power in semiconductors
- Jefferies lowers Tesla's price target to $165 citing internal challenges and softening China sales
- Nvidia stock recently impacted by inflation data, competitor moves, and Ark Invest selling shares
- Tesla misses Q1 production and delivery targets, contributing to bearish sentiment
- Analyst target changes come amid recent scrutiny and shifting outlooks for Nvidia and Tesla